Why is Biden holding up debt ceiling talks?

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Even as he reassures the public that there won’t be a national default, President Joe Biden still faces big headaches over the debt ceiling.

House Republicans are proposing new work requirements for social benefit programs, nixing the president’s massive student debt transfer, and eliminating green energy-related tax credits in order to raise the debt limit, all of which cut sharply against Democratic priorities.

“To be clear, this negotiation is about the outlines of what the budget will look like, not about whether or not we’re going to in fact pay our debts,” Biden said Wednesday after meeting with congressional leadership. “The leaders have all agreed we will not default. Every leader has said that.”

That doesn’t mean things will be easy going forward.

Read more at Washingtonexaminer.com


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Chuck comes from a lineage of journalism. He has written for some of the webs most popular news sites. He enjoys spending time outdoors, bull riding, and collecting old vinyl records. Roll Tide!